301 SE 3rd St #309DaniaFL33004
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Dania at 301 SE 3rd St #309, Dania, FL, 33004 generates $1,546/mo in rent and, after a $1,131/mo payment, leaves $13/mo in cash flow. Total monthly income is $1,546/mo, and annual cash flow is $152/yr on $76,577 invested. Return on cash invested sits at 20.11% in year one, and rental yield is 8.03% on a $231,000 entry. Equity gained on principal adds $1,491/yr, while 5% annual appreciation builds toward $63,821 over five years. Five-year ROI reaches 104.5% and total cumulative return in cash sums $80,025. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,546/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33004, Dania, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,960 (100%) |
| Owner Occupied HU | 3,424 (31.2%) |
| Renter Occupied HU | 5,223 (47.7%) |
| Vacant Housing Units | 2,313 (21.1%) |
| Median Home Value | $492,026 |
| Average Home Value | $560,626 |
Housing Distribution
Address Breakdown
Residential
9,457
Single Family
4,978
Multi-Family
4,479
Businesses
1,275
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